1. A/D line is at 215, moving up after bottoming in mid-May. +1
2. NYSI is at -438, after bottoming at -500 in late May. +1
3. NYHL (EMA10) is at 7, after a recent low of -50 in early June. +1
4. NYA200R (EMA20) is at 50.57, just above 50, but heading down. +0
5. NYA200R (ROC14) is at -14, within the [-20, 20] range, indicative of trending market.
6. CPC (50MA) is at 1.038, well above 1, indicating high fear. -1
- As usual, the components contraddict each other. I am starting to get a sense that they work on different timescales.
- I should introduce neutral ranges, instead of using cutoff lines. Actually, the component score should be a gradient.
- I am not sure that adding up component scores gives enough information. Maybe it's better to have two lines, a positive and a negative, and see how they interact with each other.
- I really need a way to automate the collection of data and the generation of the component scores.
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